As Indians around the world celebrate India's 76th Republic Day, they feel a deep sense of pride and joy at their nation’s momentous achievements since it broke its colonial shackles in 1947.
As India marches ahead in the golden period leading up to what will be 100 years of independence in 2047, it is on course to become a developed country. Just as India looks towards a more prosperous future with unwavering confidence, so does the India-UAE partnership, which is among the most defining partnerships for both countries in this century.
In the past 18 months, there have been six top-level visits between the two countries. This is a testament to the resolute commitment of the leadership in both countries towards this partnership and the importance it holds. The realisation on both sides is clear and it is that our futures are intertwined.
What began centuries ago with trade in spices and pearls between India and the UAE, has now blossomed into a Comprehensive Strategic Partnership, marked by strategic convergence and mutual trust.
In 2022, President Sheikh Mohamed and India's Prime Minister Narendra Modi issued a "Joint Vision Statement" outlining the roadmap for the future of India-UAE ties. The vision of the two leaders has ushered in an extraordinary transformation.
Within a span of just a few years, the countries have started, and in many cases implemented, collaborations in payment in local currencies and interlinked their payment systems, AI and data centres, civilian nuclear energy, grid interconnection and electricity trade, green hydrogen, critical minerals, food park development, innovative health projects, and so on.
The realisation on both sides is clear: our futures are intertwined
The signing of India-UAE Comprehensive Economic Partnership Agreement (Cepa) in 2022 gave a major boost to trade relations. The results are already visible in the form of surging trade, particularly non-oil trade. Last year, during Mr Modi's visit to the UAE, the two sides signed a Bilateral Investment Treaty (Bit). In fact, the UAE is the only country with which India has both, an active treaty and such a partnership agreement. With the strong framework now provided by Cepa and Bit, the trade and investment between the two sides is poised to reach even greater heights.
Last year's announcement of the new Dubai trading market for Indian manufacturers, Bharat Mart, at Jebel Ali was yet another great achievement of the India-UAE friendship, which will allow both nations to leverage each other’s strengths and provide a platform for Indian businesses to access global markets.
The two sides have also begun working on a Virtual Trade Corridor, launched by Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, envisaged as a crucial component of the futuristic India Middle-East Europe Economic Corridor. All of the above initiatives are potentially revolutionary and will bring businesses closer, creating interdependencies between India and the UAE.
The two countries are also connecting digitally and financially. India’s Unified Payments Interface (UPI) is now widely used in the UAE. The UAE’s “Jaywan” domestic credit and debit card system is based on India’s RuPay stack. Rupee-Dirham agreement will enable the two sides to settle cross-border trade transactions in their respective local currencies.
The partnership between India and the UAE is now foraying into newer areas of collaboration. During Sheikh Khaled’s visit to India last September, both countries signed a memorandum of understanding in the field of peaceful use of nuclear energy. During the visit of Sheikh Abdullah bin Zayed, Deputy Prime Minister and Minister of Foreign Affairs, to India last December, an agreement to explore co-operation in polar regions was signed. Green Hydrogen and supercomputers are among other future oriented areas of collaboration.
The establishment of the Indian Institute of Technology (IIT) Delhi-Abu Dhabi Campus and commencement of the courses at the institute last year is a symbol of the commitment of the two countries to create a future-ready workforce. Apart from the IIT, there will soon be overseas campuses of two other Indian institutions in the UAE: the Indian Institute of Management and the Indian Institute of Foreign Trade.
It is estimated that more than 4 million Indians live in the UAE, the largest number of Indian nationals in any country. These numbers tell a story of their own, a story of great care and warmth of the UAE’s leadership towards the Indian community and the depth of the partnership.
The Baps Hindu temple in Abu Dhabi is emblematic of the countries' visionary leadership and shared values of peace and harmony.
So when Sheikh Khaled, during his visit to India last year planted an "amaltas" (Indian Laburnum) sapling at Rajghat, not only did he honour the tradition started by the Founding Father, the late Sheikh Zayed bin Sultan Al Nahyan, but he also planted the seed for, and nourished, the future of the India-UAE partnership, a shared future which is brighter and more prosperous.
Infiniti QX80 specs
Engine: twin-turbocharged 3.5-liter V6
Power: 450hp
Torque: 700Nm
Price: From Dh450,000, Autograph model from Dh510,000
Available: Now
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Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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5
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Your rights as an employee
The government has taken an increasingly tough line against companies that fail to pay employees on time. Three years ago, the Cabinet passed a decree allowing the government to halt the granting of work permits to companies with wage backlogs.
The new measures passed by the Cabinet in 2016 were an update to the Wage Protection System, which is in place to track whether a company pays its employees on time or not.
If wages are 10 days late, the new measures kick in and the company is alerted it is in breach of labour rules. If wages remain unpaid for a total of 16 days, the authorities can cancel work permits, effectively shutting off operations. Fines of up to Dh5,000 per unpaid employee follow after 60 days.
Despite those measures, late payments remain an issue, particularly in the construction sector. Smaller contractors, such as electrical, plumbing and fit-out businesses, often blame the bigger companies that hire them for wages being late.
The authorities have urged employees to report their companies at the labour ministry or Tawafuq service centres — there are 15 in Abu Dhabi.
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Founders: Abdulmajeed Alsukhan, Turki Bin Zarah and Abdulmohsen Albabtain.
Based: Riyadh
Offices: UAE, Vietnam and Germany
Founded: September, 2020
Number of employees: 70
Sector: FinTech, online payment solutions
Funding to date: $116m in two funding rounds
Investors: Checkout.com, Impact46, Vision Ventures, Wealth Well, Seedra, Khwarizmi, Hala Ventures, Nama Ventures and family offices
Batti Gul Meter Chalu
Producers: KRTI Productions, T-Series
Director: Sree Narayan Singh
Cast: Shahid Kapoor, Shraddha Kapoor, Divyenndu Sharma, Yami Gautam
Rating: 2/5
Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.
David Haye record
Total fights: 32
Wins: 28
Wins by KO: 26
Losses: 4
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